The Daily Manila Shimbun

 

Stocks flat, peso at P50.87 against US dollar

September 8, 2017

Stocks ended flat as the Philippine Stock Exchange index closed 0.22 points higher at 8,022.75 points on Friday. In the broader market, there were 114 gainers, 77 decliners and 55 unchanged. Volume reached 1.55 billion shares valued at P7.89 billion.

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August gross international reserves rose to $81.51 billion: BSP

September 7, 2017

Gross international reserves rose to $81.51 billion in August from the previous month’s $81.07 billion, preliminary data announced by the central bank said Thursday, “This level could adequately cover 8.7 months’ worth of imports of goods and payments of services

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Stocks, peso close higher

September 7, 2017

Stocks went above a key mark on Thursday as the Philippine Stock Exchange index finished 39.01 points higher to 8,022.98. In the broader market, there were 114 gainers, 77 decliners and 55 unchanged. Volume reached 1.75 billion shares valued at

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PSE index slips below 8,000 points

September 6, 2017

Stocks declined on Wednesday, as the Philippine Stock Exchange index ended 65.38 points lower to 7,983.97. In the broader market, there were 111 decliners, 71 gainers and 66 unchanged. Volume reached 2.71 billion shares valued P6.72 billion. Foreigners were net

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Budget department estimates Free Tuition Law will cost P51 billion

September 6, 2017

The Department of Budget and Management, citing initial estimates, said the Free Tuition Law will cost around P51 billion for its first year of implementation, a statement said Wednesday. The Universal Access to Quality Tertiary Education Act (RA 10931) was

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Stocks rally as PSE index remains above 8,000 points

September 5, 2017

Stocks rallied Tuesday after the key index slipped by 35 points at the noonday trading break as the Philippine Stock Exchange gained 14.15 points to 8,049.35. In the broader market, there were 103 decliners, 87 gainers and 55 unchanged. Volume

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Construction icon David Consunji dies at 95

September 5, 2017

David Consunji, who built DMCI Holdings from a construction firm into one of the Philippines’ biggest conglomerates, died at the age of 95 on Monday. A disclosure by DMCI Holdings Inc. to the Philippine Stock Exchange did not detail the

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Food, transport prices raised August inflation to 3.1%: NEDA

September 5, 2017

Higher prices of food, transport, water, electricity, and gas pushed up inflation in August. A report from National Economic Development Authority (NEDA)-attached agency Philippine Statistics Authority Tuesday said headline inflation increased to 3.1 percent in August 2017 from 2.8 percent in the

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